LATEST

Credit Suisse became the second global bank to be penalised in Japan for leaking information about a company’s earnings, amid a regulatory probe that has raised questions about how brokerages handle stock research in the country.

Credit Suisse will stop publishing research that previews companies’ financial results in Japan after the securities watchdog found that its local securities unit leaked information about a company’s earnings.

Mizuho Financial Group said a former top executive knew it was lending to crime groups three years ago, reversing its stance that only compliance officials were aware and drawing further ire from the financial regulator.

HOT LIST

FEATURED

Credit Suisse became the second global bank to be penalised in Japan for leaking information about a company’s earnings, amid a regulatory probe that has raised questions about how brokerages handle stock research in the country.

Credit Suisse will stop publishing research that previews companies’ financial results in Japan after the securities watchdog found that its local securities unit leaked information about a company’s earnings.